- Newcore Gold (NCAUF, Financial) reports high-grade drill intersections at its Enchi Gold Project in Ghana.
- Significant findings include 2.50 g/t Au over 15.0 meters and 3.00 g/t Au over 10.0 meters at the Nyam Deposit.
- Current Indicated Mineral Resource at Enchi is 41.7 million tonnes grading 0.55 g/t Au.
Newcore Gold Ltd. (NCAUF) has disclosed promising new drill results from their 35,000-meter drill program at the Enchi Gold Project in Ghana. The latest drilling at the Nyam Gold Deposit (Nyam) revealed impressive intersections of 2.50 grams per tonne gold (g/t Au) over 15.0 meters and 3.00 g/t Au over 10.0 meters. Additionally, at the Kojina Hill Gold Target (Kojina Hill), results included 0.67 g/t Au over 37.0 meters with a notable interval of 1.05 g/t over 20.0 meters.
This extensive drill program is primarily aimed at resource growth and infill drilling to convert Inferred Resources to Indicated, preparing for a Pre-Feasibility Study later this year. The program has reported comprehensive results from 13 reverse circulation (RC) holes at Nyam and 7 RC holes at Kojina Hill, with each hole intersecting gold mineralization.
The Enchi Project hosts an Indicated Mineral Resource of 41.7 million tonnes grading 0.55 g/t Au, equivalent to 743,500 ounces of gold, and an Inferred Resource of 46.6 million tonnes grading 0.65 g/t Au, containing 972,000 ounces. This advancement bolsters the potential resource growth and conversion for Newcore Gold, positioning the Enchi Project for further development and exploration successes.
